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A day to be utterly ashamed of, but at least the losses are manageable. Dog Brother lost a bit more on the upside, thinking the risk was controllable and holding a little longer, but ended up losing a bit more. This thing really amazes me….
Ethereum only lost a little over 300 yesterday, which is actually quite minimal.
The market movement yesterday was quite outrageous. The short positions given over the weekend and on Monday look pretty good now, but who would have thought it would drop like this yesterday.
Controlling position size and risk is always the first step; stop-loss is to protect the position. As long as the position is still there, there’s still a chance.